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20130201
20130209
Search Results 0 to 10 of about 11 (some duplicates have been removed)
the sequester deadline down the road. to win them over he offered a package of spending cuts and more tax increases. how was that playing on capitol hill? here's ed henry. >> warning the nation's economic recovery hangs in the balance, president obama prodded congress to stop a series of massive spending cuts that could threaten national security urging them to come up with a short term combo of lesser spending cuts and tax increases beyond what he signed at the end of december. >> if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package. >> president says the sequester puts hundreds of thousands of jobs in jeopardy from classrooms to the pentagon and defense lie lockheed martin which announced hundreds of layoffs. mr. obama said damage can be stopped if john boehner accepts the white house's final offer from december, meaning up to $600 billion in more tax hikes through cutting deductions, and cuts to medicare and other programs. >> my healthcare proposals achieve the same savings by
will get back to you if there are more details. the fbi is promising that in the next few hours. >> tax hike to high income earners. he may be going to the well again. the president insists he needs more money to reduce the deficit and will likely focus on a familiar target. white house correspondent wendell goaler tells us how that is going over. >> as the president headed to minnesota to talk about gun violence, republicans on capitol hill tried to keep the nation's attention on fiscal matters. >> we are having trouble in large part because spending is a problem. it is what is chasing jobs overseas and causing much anxiety about our future. >> sunday in a presuper bowl interview with cbs's scott kelly mr. obama said this year's tax changes shouldn't be the last. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down the deficit. he is not talking raising rates but closing loopholes especially those making money from investment pay a lower tax rate than income salaried or hourly wage earn ers. >> the average person doesn't have acc
dollars. >> people say it's free money. that is yours and mine tax dollars. >> there is one pot of money and he spends 12 million more on medicaid. >> chris: thanks for that. the head of the postal service says saturday mail delivery will end in august. postmaster predicts the move will save the agency about $2 billion a year. he says saturday packaged delivery will continue. postal service reported a record loss of almost $16 billion last year. some in congress are asking how the agency can decide to suspend saturday delivery without their approval. >> should your tax dollars go to give smart phones to job seekers? that is later. up next, a new government regulation that could force your local grocery store to shut down it's salad bar and bakery. hitting the streets to tell real people about our new 15 under $15 menu! oh my goodness... oh my gosh, this looks amazing... [ male announcer ] 15 entrees under $15! it's o new maine stays! seafood, chicken, and more! h! the tilapia with roast vegables. i'actually looking at the od grilled chicken with portobello wine sauce. that pork chop was
and taxes. here is chief white house core responsibility ed henry. >> a feisty president obama was back in campaign mode. >> it will meaner people who have disabled kids suddenly having less help. >> slamming republicans and declaring he is ready to hit the road to sell the public on spending cuts and more tax hikes. >> is that an argument they want to have. that is an argument i'm more than willing to engage in. >> reporter: a new poll shows the public sharply disagrees with his claim that the federal government does not have a spending problem. 83% says it does have a problem and 14% say no. >> the american people will not accept another tax increase to put up a spending cut that the two parties have agreed to. >> reporter: nation security may be hanging in the balance. with the defense secretary leon panetta warring about the deep cuts coming on march 1st. >> this is will bad but damage national defense and compromise our ability to respond to crisis in a dangerous world. >> those cuts could mean a one month furlough for up to 800,000 civilian defense employees and he mocked leaders
's fiscal uncertainty and is doing so nervously. >> we have massive deficit, big tax increase. no apparent willingness to get government off people's backs by reducing government spending. all of that is a heavy weight on the private sector. firms around the nation are sitting on their cash instead of creating jobs. >> on wednesday, the commerce department announced economic growth fell to a minus tenth of a percent, the last three months of last year. so the chairman of the president's council of economic advisors says other indicators remain positive. >> consumer spending increased. business investment; particularly, for equipment and software was strong. residential construction was strong. we are seeing signs of that in the jobs report. >> it also showed a larger number of people dropped out of the labor force than found jobs. former administration economist says some of that is to be expected. >> the population is aging, so we expect to have a fair number of people retiring every month for the next ten years or more as the baby boom is retiring. >> actually, the conference board repor
have signed into law $1.4 trillion in spending cuts. [ laughter ] >> and closed tax loop loopholes to make sure top earning americans pay their fair share. >> the fact is though, we can't finish the job deficit reduction through spending cuts alone. >> yes, we can. [ laughter ] >> we can. >> john: now, that is romance. before we go tonight. one more look at the radar on the scene from boston as the huge storm is getting ready to wrap you up. expected to dump as much as 3-foot
Search Results 0 to 10 of about 11 (some duplicates have been removed)